In the absence of that feature options tend to be in the $20K to $50K arena typically. What a book can demand for an option price is dictated by so many factors, not the least of which is interest/competitive bids from other buyers. SF: “Average” money for an option is hard to say, because prices are really all over the map. PW: What is the "average" range in option money? Has this changed in the past 10 years? Everyone wants to be, needs to be, in that business.ģ. If there is a current trend, it is the appetite for graphic novels and comic books. Studios very often want to know who would adapt the book, who will star, etc. Increasingly over the last half dozen years or so, I’ve seen books sell after publication, on the heels of a great review in the NY Times, or with some packaging involved. SF: the marketplace for books at the moment is reasonably good, but cautious. PW: What is the market like for Film? TV movies? TV series? Is there a current trend that's selling well or being produced at the moment? Since a sale to the film business is less about polished prose and more about a concept and characters, its expected that books will be shown around town in it’s early manuscript form.Ģ. It’s not necessary to wait until a book is published, though often that is when the sale happens. That sale gives the project the “value added” that studios and networks like to see. SF: I generally like to see projects immediately after they’ve sold to a publisher. PW: At what point do you like to see projects from agents/writers? Before the book has been sold right after or once it has published? I’ve asked industry veteran Steve Fisher from APA to answer a few questions for me and thought I’d share them here with all of you.ġ. The thought of having an author’s work optioned is very sexy and exciting, but it’s a tough industry to get into. I’ve been doing a couple of film deals recently and that always intrigues authors.
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